Kexgill Group, a provider of student accommodation across the north of England, has secured a £58.5 million refinance facility provided by Aldermore Bank.
The transaction will support Kexgill’s growth plans for newly developed student accommodation, including a further 170 new bedrooms in prime city locations near universities.
Kexgill’s legal advice was provided by a multi-disciplinary team at Andrew Jackson Solicitors, led by real estate and property partner Kirsty Barsby, who was supported by Ailish Ward and Chenika Kunzmann (real estate and property), together with Matthew Smith, Nicholas Scott, Benn Shiletto and Grace Hanson (corporate / banking).
Richard Stott, managing director of Kexgill Group, said: “I am delighted to have had the support of the team at Andrew Jackson throughout this transaction, which was complex in places. Having their expertise and understanding of our needs makes all the difference.”
Kirsty Barsby at Andrew Jackson Solicitors added: “It has been a pleasure to work with Richard and the team at Kexgill, which is a long standing client of the firm, and to support them on their latest transaction as the business continues to grow and deliver high quality student accommodation.”
